QuantumScape (QS) Hits New All-Time High, Extends Winning Streak on 6th Day

We recently published Lackluster Tuesday? Not for These 10 Stocks on Sky High. QuantumScape Corporation (NYSE:QS) is one of Tuesday's top performers.

QuantumScape extended its winning streak to a sixth consecutive day on Tuesday to hit a new all-time high as strong confidence lingered among investors ahead of its second-quarter earnings results.

At intra-day trading, QuantumScape Corporation (NYSE:QS) soared to a new 52-week high of $11.15 before paring gains to end the day just up by 7.96 percent at $10.85 each.

According to the company, it will release its second quarter financial and operating performance after market close on July 23, 2025, to be followed by a conference call at 5 PM Eastern Time. Since last week, QuantumScape Corporation (NYSE:QS) has begun soliciting questions from its shareholders that they would like to be addressed on the call.

Earlier this year, QuantumScape Corporation (NYSE:QS) announced that it was budgeting between $45 million and $75 million this year, and reiterated its adjusted EBITDA loss of $250 million to $280 million for the same period.

While we acknowledge the potential of QS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.